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Financial information is given below 2020 2021 2022 Sales 11 311 223 27 146 935 47 744 483 Cost of sales 6 334 285 10

Financial information is given below
202020212022
Sales11 311 22327 146 93547 744 483
Cost of sales6 334 28510 858 77419 545 793
GROSS PROFIT4 976 93816 288 16128 198 689
Operating Expenses508 8162 509 1584 236 485
OPERATING PROFIT4 468 12213 779 00323 962 204
Other Income175 60573 311118 329
Other Expenses22 90476 74991 300
EARNINGS BEFORE INTEREST AND TAXES4 620 82313 775 56523 989 234
Interest Expense1 361 2211 642 9311 775 815
EARNINGS BEFORE TAXES3 259 60212 132 63422 213 419
Provision for Income Taxes1 046 4682 504 5224 585 485
NET INCOME2 213 1339 628 11117 627 934
Statement of Financial Position ended 31 January.
ASSETS202020212022
Cash & Equivalents165 97659 70472 481
Trade Accounts Receivable76 301131 668108 665
Inventory564 723562 527714 609
Other Current Assets11 49832 73680 226
TOTAL CURRENT ASSETS818 497786 635975 980
Long-Term Investments296 0391 054 8081 032 783
Net Fixed Assets1 733 8642 300 4592 913 069
Intangible Assets35 18841 76540 383
Other Non-Current Assets44 44752 913255 150
TOTAL ASSETS2 928 0344 236 5805 217 365
LIABILITIES202020212022
Accounts Payable32 34738 50818 506
Notes Payable66 71579 42247 506
Accrued Liabilities69 241479 255300 441
Income Taxes Payable7 5709 0125 165
Current Portion of Long-Term Debt84 096100 11465 550
TOTAL CURRENT LIABILITIES259 968706 312437 168
Long-Term Debt319 783380 443223 849
Other Long-Term Liabilities62 65474 25030 600
TOTAL LONG-TERM LIABILITIES382 437454 693254 449
TOTAL LIABILITIES642 4051 161 004691 617
Ordinary Share capital2 600 5292 600 5292 600 529
Preference share capital.712 000712 000712 000
Retained Earnings2 213 1339 628 11117 627 934
TOTAL EQUITY5 525 66212 940 64020 940 463
TOTAL LIABILITIES AND EQUITY6 168 06814 101 64521 632 080


Required:

1. Compute the average age inventory of Eagle Toys for2021 (Show calculations)

2. Compute the current ratio of Eagle Toys for 2020? (Show calculations)

3. Compute the operating profit margin of Eagle Toys for 2020? (Show calculations)

4. Compute the times interest earned ratio of Eagle Toys for 2022? (Show calculations)

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